## Abstract In this paper, an empirically stable money demand model for M3 in the euro area is constructed. Starting with a multivariate system, three cointegrating relationships with economic content are found: (i) the spread between the longβterm and the shortβterm nominal interest rates, (ii) th
β¦ LIBER β¦
The Functional Form Of The Demand For Euro Area M1
β Scribed by Livio Stracca
- Book ID
- 108550298
- Publisher
- John Wiley and Sons
- Year
- 2003
- Tongue
- English
- Weight
- 235 KB
- Volume
- 71
- Category
- Article
- ISSN
- 1463-6786
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